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30-10-2014 22:52:00 | by: Administrator | hits: 23468371 | Tags:

InfraCo Africa invests in Acorn Holding’s $10m REIT for affordable student accommodation in Nairobi, Kenya
25-02-2021 | 13:04:00
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Real Estate Investment Trust (REIT) committing to support the delivery of affordable student accommodation in Nairobi.
Deutsche Bank, SACE partner to support infrastructure projects in Ghana
25-02-2021 | 11:58:00
Deutsche Bank announced the closing of two lending facilities with the Republic of Ghana. The €150 million financing agreements, guaranteed by the Italian Export Credit Agency SACE, will fund the construction and equipment of two infrastructure projects.
[Nigeria] Novarick Homes unlock new investment opportunities in Lagos
24-02-2021 | 05:40:39
Considering the annual remittance of about $24 billion from the diaspora, Novarick Homes, a property development company has unlocked new investment opportunities for this year.
Energean, EGPC JV partners award NEA/NI iEPCI contract to TechnipFMC offshore Egypt
18-02-2021 | 06:51:00
Energean announced that AbuQir Petroleum, a Joint Venture between Energean and EGPC, signed an integrated EPCI iEPCI contract to global offshore services provider TechnipFMC for a subsea tie-back located offshore Egypt.
[Column] Grace Goodrich: Driving deal making in Mozambique post-COVID-19
18-02-2021 | 06:24:49
While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique, the number of transactions rose, with 12 deals reported compared to only four deals in 2019, according to a Baker McKenzie analysis.
Unity Homes, Rendeavour expand partnership from Kenya to Nigeria
15-02-2021 | 13:11:00
Unity Homes, a developer of inclusive residential communities, and Rendeavour, Africa's new city builder, are expanding their partnership from Kenya to Nigeria with a 576-unit apartment complex in the Lekki Free Zone in Lagos.
Architecture firm FBW to masterplan Rwanda’s University of Global Health Equity expansion
12-02-2021 | 06:03:13
East African planning, design, architecture and engineering team FBW Group has been appointed to masterplan the expansion of the University of Global Health Equity (UGHE) in Rwanda.
EBRD supports new dry port development in Egypt
10-02-2021 | 14:16:18
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of a dry port and logistics centre in 10th of Ramadan City, Egypt, with a €1 million contribution to project preparation and procurement.
AfDB, WHO cut sod for Public Health Emergency Operations Center building in South Sudan
09-02-2021 | 13:06:00
The African Development Bank (AfDB) is financing the construction of the second phase of the Public Health Emergency Operations Center (PHEOC) in Juba, South Sudan.
Harith to build first gas-fired power plants in Johannesburg, South Africa
09-02-2021 | 09:37:00
Harith General Partners, which funds infrastructure development across Africa, is pushing ahead with plans to build the first gas-fired power plants in South Africa’s industrial hub of Gauteng and is exploring options to source the fuel.
Djibouti bets on Doraleh facility, infrastructure projects to grow economy
08-02-2021 | 09:50:01
In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti has entered the year 2021 with determination.
Data, tech drive Africa’s transport renaissance
06-02-2021 | 11:15:00
Africa has been betting on data and technology to transform transport infrastructure which continues to boost trade and enhance integration.
[South Africa] Logistics property fund Equites announces sale of two UK distribution warehouses
04-02-2021 | 11:13:44
The JSE listed specialist logistics property fund, Equites, announced it has sold two high-quality UK distribution warehouses to real estate funds managed by Blackstone for £43.4 million.
[Nigeria] Government approves N204m for web-based highway monitoring system
28-01-2021 | 14:00:14
Nigeria government has announced that it has approved N204 Million for design and deployment of a web-based management system that will be used to monitor highway construction.
ChemPoint announces new partnership with allnex in EMEA
26-01-2021 | 08:23:08
ChemPoint.com announced that allnex has chosen ChemPoint for marketing, sales, and distribution of the UVEKOL glass laminating system in Europe, the Middle East, and Africa (EMEA).
InfraCo Africa, Global Logistics Services to commence construction on Liberia Inland Storage Facility project
21-01-2021 | 10:52:00
InfraCo Africa and Global Logistics Services have signed an Engineering, Procurement and Construction contract with Liberian contractor, BMC Group, to enable construction to commence on the Liberia Inland Storage Facility project.
Siemens Mobility signs MoU to install high-speed rail system in Egypt
18-01-2021 | 09:16:19
The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility signed an MoU to design, install and commission Egypt’s first ever high-speed rail transportation system.
Acrow provides modular steel bridges to restore transportation lifelines in Mozambique
15-01-2021 | 08:02:00
Acrow, an international bridge engineering and supply company, announced it has provided 26 modular steel bridges to the National Road Administration of Mozambique, to restore vital transportation routes damaged by cyclones in 2019.
EIB accelerates climate disaster recovery, clean energy and transport investment in Madagascar
15-01-2021 | 07:26:00
Reconstruction of road and rail links in the Madagascan capital Antananarivo will be accelerated following the disbursement of €16.4 million by the European Investment Bank.
SOFEC cuts first steel for Sangomar FPSO turret mooring system offshore Senegal
12-01-2021 | 08:05:00
SOFEC announced first steel was cut on December 26th, 2020 for the turret mooring system for the RSSD Joint Venture FPSO External Turret Mooring System Project destined for the Sangomar Field Development offshore Senegal.
Reganosa awarded contract to operate sub-Saharan Africa's first offshore LNG receiving terminal in Ghana
12-01-2021 | 07:51:59
Reganosa has been awarded the contract to operate and maintain a liquefied natural gas (LNG) regasification terminal in Tema, Ghana.
Enel, Qatar Investment Authority join forces to develop renewables in Sub-Saharan Africa
11-01-2021 | 09:02:00
Enel Green Power (EGP), signed an agreement with a subsidiary of Qatar Investment Authority (QIA) for a joint venture partnership aimed at financing, building and operating renewable projects in Sub-Saharan Africa.
EBRD loans $12m to Al Dau Al Haram to support tourism sector in Egypt
06-01-2021 | 07:14:00
The European Bank for Reconstruction and Development (EBRD) is breaking fresh ground with a $12 million loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Regency hotel in Egypt.
BUA Cement, Sinoma CBMI partner to construct cement plants in Nigeria
05-01-2021 | 12:20:00
BUA Cement signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of 3million tonnes each per annum in Edo, Sokoto and Adamawa states of Nigeria to be completed by the end of 2022.
AfDB approves $42.9m loan to finance second phase of power transmission project in Madagascar
18-12-2020 | 07:42:00
The African Development Bank (AfDB) approved a loan of $42.9 million to finance the second phase of a major power transmission and interconnection project in Madagascar.
Pan African Resources, juwi South Africa partner for construction of solar photovoltaic plant at Evander Mines
17-12-2020 | 08:11:00
Pan African Resources has entered into an engineering, procurement and construction agreement with juwi South Africa to construct its 9.975MW solar photovoltaic plant at Evander Mines.
AAIM raises $80m capital to finance sustainable infrastructure investments in sub-Saharan Africa
16-12-2020 | 12:32:00
African Infrastructure Investment Managers (AIIM), Africa infrastructure-focused private equity fund managers, has successfully completed a capital increase of $80 million for its flagship pan-African infrastructure fund, AIIF3.
EBRD, TAQA Arabia partner to promote private-to-private renewable energy in Egypt
10-12-2020 | 10:38:00
The European Bank for Reconstruction and Development (EBRD) is promoting the expansion of renewable energy in Egypt by supporting one of the first green private-to-private projects in the country, with an initial $4.2 million loan to TAQA PV for Solar Energy.
African Development Fund approves $71.5m loan for road upgrading in Uganda
07-12-2020 | 06:09:00
The African Development Fund (ADF) approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity.
American Homebuilders of West Africa expands into Guinea
03-12-2020 | 07:13:14
American Homebuilders of West Africa, AHWA, has announced that it had closed on an acquisition of new land in Maneah in the Conakry suburbs.
TechnipFMC commences work on new hydrocracking complex in Egypt for ANOPC
01-12-2020 | 08:35:04
TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC).
African Development Bank approves $120m loan to build Malagarasi hydropower project in Tanzania
27-11-2020 | 12:54:00
The African Development Bank approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania.
Housing Finance Bank, AFD sign €10.5m agreement towards affordable housing in Uganda
18-11-2020 | 06:41:00
Housing Finance Bank Uganda and Agence Française de Développement signed two financing agreements of €10.5 million to support the development of a housing finance offer adapted to the needs of the populations all over Uganda.
Elsewedy Electric signs new EPC contracts with Egyptian Electricity Transmission Company
17-11-2020 | 09:57:14
Elsewedy Electric, wires & cables and Integrated energy solution provider in Middle East and Africa, announced its subsidiary Elsewedy Electric for Trading & Distribution, signed new EPC contracts with the Egyptian Electricity Transmission Company.
OPEC Fund helps strengthen food security in Senegal
10-11-2020 | 14:05:00
The OPEC Fund for International Development (the OPEC Fund) has signed a $20 million public sector loan agreement with Senegal to co-finance a project that will boost food security.
Nordgold equips West Africa Training Centre with Full-Mission Simulator system
09-11-2020 | 06:15:00
Internationally diversified gold producer Nordgold, has equipped its new West Africa Training Centre located near the Lefa mine in Guinea, with a CYBERMINE Full-Mission Simulator.
South Africa's Botshabelo Industrial Park attracts R500m investment due to upgrading
05-11-2020 | 06:49:05
The Free State-based Botshabelo Industrial Park has attracted investments to the tune of more than half-a-billion rand because of the revitalisation programme being rolled out in the park by the Department of Trade, Industry and Competition (the dtic).
Mozambique commences construction of new solar power plant
03-11-2020 | 08:26:00
Mozambique’s President H.E. Filipe Nyusi and the French Ambassador to Mozambique David Izzo launched construction for the country’s second photovoltaic solar power plant, located in Metoro, north of Mozambique.
Sonangol, Gemcorp take final investment decision for Cabinda Refinery in Angola
02-11-2020 | 07:20:00
Angola’s state-run oil company Sonangol and Gemcorp, a trade and investment group in emerging markets, in alignment with the national oil company, took the final investment decision for the construction of the Cabinda Refinery.
Asonha Energie, Sinohydro sign turnkey contract for development of hydroelectric dam in Gabon
30-10-2020 | 08:53:00
Asonha Energie signed a turnkey contract with Chinese engineering and construction firm Sinohydro for the development of the 35-MW Kinguélé Aval hydroelectric dam in Gabon.
[Rwanda] Shelter Afrique to develop large scale housing project in Kigali
21-10-2020 | 06:57:00
Shelter Afrique Board has approved the development of the Kinyinya Park Estate Project- a 10,000 integrated and sustainable large scale housing project in Kigali.
Construction work begins for new Ivory Coast Container Terminal
08-10-2020 | 09:16:00
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
Eos Energy Storage expands battery deployments in Nigeria
07-10-2020 | 06:17:00
Eos Energy Storage LLC, has announced an expansion of its partnership with Nayo Tropical Technology Ltd., a West African mini-grid engineering, procurement, and construction company.
Mabati Rolling Mills commissions SAFBUILD manufacturing plant in Athi River, Kenya
05-10-2020 | 06:29:00
Mabati Rolling Mills (MRM), a member of the Safal Group, launched SAFBUILD manufacturing plant at its Athi River facility in Kenya.
Addressing youth unemployment in Ghana needs urgent action, report
30-09-2020 | 06:47:00
A new World Bank report identifies agribusiness, entrepreneurship, apprenticeship, construction, tourism and sports as key sectors that can offer increased employment opportunities for Ghanaian youth.
Access Bank commissions Oniru road project in partnership with Lagos State Government, Nigeria
25-09-2020 | 11:21:00
As part of efforts to ensure a hitch-free movement around the Victoria Island, Lekki Axis, Access Bank commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu.
Islamic Development Bank approves $320.6m for development projects in Sierra Leone, Burkina Faso, Yemen and Indonesia
23-09-2020 | 06:40:00
The Islamic Development Bank approved $320.56 million in financing to new development projects in water and sanitation, health, roads and women empowerment in Sierra Leone, Burkina Faso, Yemen and Indonesia.
U.S. may halt nearly $130 million of foreign assistance for Ethiopia
21-09-2020 | 07:34:00
The U.S. administration has decided on a plan that entails the suspension of financial assistance for Ethiopia due to the country’s dispute with Egypt and Sudan over the Grand Ethiopian Renaissance Dam project.
DOF Subsea secures integrated FSV contract in Angola
18-09-2020 | 06:19:09
DOF Subsea has been awarded an integrated Field Support Vessel (FSV) contract with an international oil company in Angola.
Sonatrach signs six pipeline contracts in Algeria
14-09-2020 | 07:11:22
Algeria’s national hydrocarbons company, Sonatrach, signed six contracts worth approximately $521 million with its subsidiaries as well as other Algerian companies within the framework of the development of gas and oil fields in the west of the country.
World Bank approves $750m to boost regional integration, national development in Kenya
09-09-2020 | 08:31:00
The World Bank approved $750 million financing to improve the movement of people and goods, digital connectivity and access to social services for over 3.2 million people living in Kenya's North Eastern region
Ddmgs events acquires Ethiopia’s building and construction exhibition Addisbuild
04-09-2020 | 06:37:45
International events company dmg events, has acquired Addisbuild, the longest-running building and construction exhibition in Ethiopia.
New Ivory Coast Container Terminal next phase of development commences
28-08-2020 | 10:41:00
The China Harbour Engineering Company (CHEC), signed contracts for the construction of Abidjan’s second container terminal, known as Côte d’Ivoire Terminal (CIT), scheduled to be operational at the end of 2021.
President Tshisekedi launches solar power plant construction in DRC
21-08-2020 | 07:49:17
Construction works for phase 1 of a 600 MW photovoltaic plant in the Menkao district of Kinshasa, Democratic Republic of Congo (DRC), was launched by H.E. President Felix Tshisekedi.
Egypt cancels construction of 200 MW solar PV project
21-08-2020 | 06:42:00
The Egyptian Electricity Transmission Company (EETC) has decided to cancel a recently launched tender for the construction of a 200 MW solar PV project in the West Nile region of Egypt.
Camrail completes renovation of 13 bridges in Cameroon
17-08-2020 | 14:58:34
The Interministerial Committee on Railway Infrastructure, COMIFER, chaired by the Transport Minister, has noted the completion of the renovation work on 13 railway bridges.
[South Africa] MPA, Motseng Women Investments acquire Mott Macdonald Africa
14-08-2020 | 11:53:00
South African civil and structural engineering consulting firm, Malani Padayachee & Associates (MPA) and investment holding company, Motseng Women Investments announced the acquisition of 100% equity of Mott MacDonald Africa.
UNRSF, GRSF partner to improve road safety delivery in World Bank funded projects in Tanzania
11-08-2020 | 06:35:00
The Global Road Safety Facility (GRSF) and the United Nations Road Safety Fund (UNRSF) will jointly support a comprehensive evaluation of the first global deployment of the Ten Step Plan for Safer Road Infrastructure in Tanzania.
Kenya receives $150m to improve living conditions for residents in urban informal settlements
10-08-2020 | 06:36:00
The World Bank approved a $150 million International Development Association credit to improve tenure security and access to basic services for 1.7 million residents living in selected Kenya’s urban informal settlements.
Jack Ma Foundation’s Africa Netpreneur Prize Initiative selects Top 50 Finalists of 2020 Africa’s Business Heroes Competition
27-07-2020 | 09:05:00
The 2020 Africa’s Business Heroes prize competition has shortlisted the top 50 finalists from stage one of the selection process.
[South Africa] Vantage Capital provides Alleyroads with R82m funding
24-07-2020 | 09:39:00
Vantage Capital announced that it has provided R82 million of mezzanine funding for the development of Kayalane Heights, a first-of-its-kind affordable housing development located in Lebowakgomo, Limpopo.
IFC announces $12m loan for steel plant in Ghana to create jobs, support skills
17-07-2020 | 09:30:00
IFC announced a $12 million loan to Rider Iron and Steel Ghana to support the company’s construction of a steel manufacturing plant that will increase Ghana’s domestic steel production, creating thousands of jobs.
JBIC signs $3 billion loan agreement for Mozambique LNG project
16-07-2020 | 13:40:00
The Japan Bank for International Cooperation (JBIC) signed a loan agreement in Mozambique LNG project financing amounting up to $3 billion.
BESIX to build world-class marine facilities in Mozambique
16-07-2020 | 12:06:00
BESIX, together with its partner Mota-Engil, will design and build all permanent marine facilities of the Mozambique LNG Gas Development Project.
Government of Guinea, UNOPS and SHS holdings partner to build affordable homes
15-07-2020 | 13:39:00
Guinea will join one of the largest affordable housing initiatives in the world, following a new agreement that will see some 200,000 affordable homes built over the next 10 years.
MainOne commences construction work at MDXi data center in Appolonia, Ghana
01-06-2020 | 08:49:00
West Africa’s premier connectivity and data center solution provider MainOne has commenced construction activities on the project with official site groundbreaking at the Appolonia City enclave in Ghana.
Josef Parzhuber joins Gates as President, EMEA region
27-05-2020 | 09:20:00
Gates Corporation, a leading global provider of application-specific fluid power and power transmission solutions, announced that Josef Parzhuber has joined the organization as president, EMEA.
Saipem-led Joint Venture awarded Nigeria's LNG Train 7 contract
15-05-2020 | 15:08:00
Saipem, in joint venture with Daewoo E&C Co. and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement & Construction of the Nigeria LNG Train 7 Project.
AfDB debars Tunisia's ETEP SA for fraudulent practices in Mali, Guinea
14-05-2020 | 11:29:00
The African Development Bank (AfDB) has imposed a 13-month debarment on Entreprise de Travaux et d’Etudes de Projets (ETEP) SA, a civil engineering company registered in Tunisia, for engaging in sanctionable practices in Mali and Guinea.
African Development Bank donates $1.67 million for preparatory study of dams construction in Eswatini
14-05-2020 | 11:10:00
The African Development Bank approved a donation of 1.67 million US dollars (1.2 million Units of Account) for the realization of a study on the Mkondvo-Ngwavuma Water Resources Development Program in Eswatini.
MIGA insures Actis Energy investment in South Africa’s renewable energy sector
11-05-2020 | 06:49:00
MIGA has issued guarantees in support of the construction, ownership and operation of two solar photovoltaic power plants in South Africa’s Northern Cape, and two wind power plants in the Eastern and Western Capes.
African Development Bank approves €40 million in grants for bridge linking Cameroon and Chad
06-05-2020 | 14:16:00
The African Development Bank has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.
Film, television production houses to resume operations in South Africa
04-05-2020 | 15:48:00
Acting Communications and Digital Technologies Minister has signed and gazetted directions allowing electronic communication services and network services, advertising agencies, film and television production companies to resume operations.
1.5 million South African workers set to return to work in May
28-04-2020 | 07:22:00
About 1.5 million more South Africans will from 1 May return to work as government begins to lift a fraction of COVID-19 lockdown regulations.
[South Africa] Construction, manufacturing businesses temporarily halt operations amid Covid-19, survey
22-04-2020 | 16:09:29
The results of a rapid response survey conducted by Stats SA during the lockdown was has been released.
OPEC Fund approves more than $390m for operations in developing countries
21-04-2020 | 14:23:00
The OPEC Fund for International Development has approved more than US$390 million of new funding to support operations in developing countries across the globe.
EAIF, Finnfund finance 15 MW Kaptis hydro-electric power project in Kenya
21-04-2020 | 10:10:00
EAIF has been appointed joint mandated lead arranger (JMDA) of the US$30 million debt finance package being raised by Tembo Power to build the Kaptis hydro-electric power plant in Western Kenya.
[Uganda] AfDB places Zhongmei Engineering on 12 months conditional non-debarment for fraudulent practice
17-04-2020 | 10:46:00
The African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group, an engineering company registered in Uganda.
EXIM approves $91.5 million in U.S. export financing for renewable energy rural electrification project in Senegal
02-04-2020 | 08:39:00
The EXIM approved approximately $91.5 million in loan guarantee financing that supports U.S. exports of design engineering and construction services to the Republic of Senegal.
Mozambique government, AfDB sign $35 million financing deal for road upgrade
02-04-2020 | 07:11:00
The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road.
Government, African Development Bank sign financing for Mueda-Negomano road phase II, Mozambique
01-04-2020 | 10:34:50
The Government of Mozambique and the African Development Bank signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road to facilitate trade and promote social inclusion of local communities.
EBRD boosts olive oil sector in Morocco
27-03-2020 | 07:52:55
The EBRD is helping to develop the olive oil sector in Morocco with a loan of up to MAD 55 million to Al Dahra Holding subsidiaries, Al Dahra Morocco Factories and Al Dahra Morocco.
World Bank support Egypt provide low income citizens with affordable housing
23-03-2020 | 10:01:00
The World Bank has announced additional financing of US$500 million to support ongoing efforts to improve the affordability of formal housing for low-income households in Egypt.
African Development Bank renews risk participation agreement for trade finance with Sumitomo subsidiary
20-03-2020 | 08:31:57
The Board of Directors of the African Development Bank approved a $200 million Trade Finance Risk participation agreement (RPA) between Sumitomo Mitsui Banking Corporation Europe (SMBCE) and the African Development Bank.
AfDB grants more than 52 billion CFA francs for road construction in Mali
13-03-2020 | 12:06:00
The African Development Bank (AfDB) and the government of Mali signed a financing agreement for the construction of the Bourem-Kidal road, 285.83 km long and nicknamed "national unity road".
Wilmar begins construction of $81 million vegetable oil refining facility in South Africa
13-03-2020 | 06:16:00
Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020.
[South Africa] DBSA signs R480 million development loan with the University of Limpopo
13-03-2020 | 06:02:00
The Development Bank of Southern Africa (DBSA) has signed a development loan facility of R480 million with the University of Limpopo (UL).
[Column] Andrew Skudder: Digital trends that will shape the construction industry in 2020
11-03-2020 | 12:09:00
From cloud computing and artificial intelligence (AI), to 5G and mobility, a key trend in 2020 is the accelerated digitization of construction companies.
TCN signs MoU with government on transmission lines and substations projects in Nigeria
02-03-2020 | 08:46:00
The Transmission Company of Nigeria (TCN) signed an MoU with the Government of Ekiti State on the construction of the Ado Ekiti – Ilupeju and Ado Ekiti – Ijesha Ishu 132/33kV Transmission line.
Keppel delivers world’s fastest brownfield FPSO modification project for Nigeria operations
27-02-2020 | 11:13:00
Keppel Offshore & Marine through its wholly-owned subsidiary Keppel Shipyard, has delivered the world’s fastest brownfield FPSO vessel modification and upgrading project to be deployed in Anyala-Madu field, Nigeria.
Prosperity Fund’s Future Cities programme launches in South Africa
24-02-2020 | 15:37:00
The UK Prosperity Fund, in partnership with Future Cities South Africa is launching their Future Cities Programme in three of South Africa’s major city municipalities; Cape Town, Johannesburg and Durban.
South Africa’s energy transition delivers on manufacturing jobs
19-02-2020 | 06:18:00
South Africa’s energy transition is poised to unlock economic growth and deliver thousands of much needed new jobs, at a time when the country faces staggering unemployment rates that threaten to continue well into the new decade.
Standard Chartered Bank invests $ 1.46 billion to fund Tanzania’s Standard Gauge Railway project
14-02-2020 | 06:41:00
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.
EIB supports upgrading of Tanta - EL Mansoura - Damietta railway in Egypt
10-02-2020 | 15:00:00
The EIB and the Egyptian Ministry of International Cooperation have signed an agreement to provide up to EUR 1.5 million for a Feasibility Study for the Tanta-El Mansoura-Damietta Rail project.
Haejeon Industrial secures $18.3 million contract to construct dam in Mali
06-02-2020 | 06:53:00
Haejeon Industrial Co., Ltd. has secured a $18.3 million contract to construct a large dam in Mali, Africa in a joint venture with industry partner Samsung C & T Corp.
Banque Misr, partners to fund for low-income earners housing units in Egypt
05-02-2020 | 14:49:00
Banque Misr signed a cooperation protocol with the Social Housing Fund, Real Estate Finance and Misr Express for Development and Trade (Zaher), to fund for housing units for low-Income earners in Egypt.
African Development Fund approves $34.7 million for renewable energy in Liberia
05-02-2020 | 09:03:00
The African Development Fund (ADF) has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia.
Construction of €1.2 million Eswatini trade hub reaches 70% completion
03-02-2020 | 12:48:00
The construction of the Inlanganisela Yabomake Trade Hub in Manzini, of the Kingdom of Eswatini has reached an advanced stage with over 70% of works being completed.
[South Africa] Sasol signs Partnership Framework Agreements with Wood & Worley
31-01-2020 | 07:10:37
Sasol’s Group Technology announces the signing of partnership framework agreements with the Engineering Contractors (ECs) Wood South Africa (Pty) and Worley Matasis (Pty).
Gigawatt Global begins construction on Burundi’s grid-connected solar field
28-01-2020 | 09:19:00
Gigawatt Global’s 7.5MW solar plant in Burundi becomes the first grid-connected project supported by the Renewable Energy Performance Platform (REPP) to begin full construction.